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Netflix Ceo Reed Hastings Is Leaving Facebook's Board

by thestreet.com posted 4months ago 14 views
Click to view a price quote on FB. : In a press release issued after the close on Friday, Facebook (FB - Get Report) said that Hastings and Erskine B. Bowles, president emeritus of the University of North Carolina Chapel Hill, will not be re-nominated to serve on the company's board of directors. Peggy Alford, a senior vice president at PayPal (PYPL - Get Report) , has been selected for a board seat. Hastings has served on Facebook's board since 2011, and Facebook did not give a specific reason for his departure.

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